News & Resources

FCT Vice President, Diane Derifield, has announced her plans to retire on March 31st. Diane has been an integral part of the FCT team for many years. She brought decades of experience working in the trust industry and passionately helped her clients. Prior to joining...

As first seen on biztimes.biz. By: John Gonner, President & CEO and Chief Investment Officer The yield you see quoted in the news for a bond is called the “nominal” rate. For instance, as I write this article the yield on the 10-year Treasury Bond is 1.4%. That is...

As first seen on CUbroadcast. First Community Trust’s President and CEO John Gonner recently interviewed with CUbroadcast’s Mike Lawson about why more bank owners are turning to credit unions as potential buyers, as well as how to ensure a bank/credit union merger is...

IOWA –Serve Credit Union, a financial cooperative based in central Iowa, and First Community Trust, N.A. (FCT), based in Dubuque, announced a new partnership to offer trust services, investment management and retirement services to its members. FCT services include...

Quad Cities Area Leader to Join Board IOWA – First Community Trust, N.A. (FCT), a nationally-chartered trust company headquartered in Dubuque, recently announced the addition of Ascentra Credit Union President and Chief Executive Officer Linda Andry to its 10-member...

Pre-funded Employee Benefit Accounts can help Mitigate Rising Costs IOWA – As benefit renewal season approaches, employers face another year of escalating premium costs. Employee benefits like healthcare are critical for attracting and retaining a quality workforce...

The economy is booming.  The Federal Reserve’s forecast for GDP growth for this year is now up to 7%.  That would be the fastest growth since 1984.  Incidentally, in 1984 the 10 year Treasury bond yield averaged 12.46%, today it is about 1.46%. Helping to fuel the...

Greater Iowa Credit Union (GICU), based in Central Iowa, and First Community Trust, N.A. (FCT), based in Dubuque, announced a new partnership to offer trust services, investment management and retirement services to their members.  FCT services include investment...

Now that vaccines are plentiful and effective, the economy is emerging from the COVID-induced recession that began a little more than a year ago. As we reflect on the past year, we can identify a few trends that serve as financial lessons for the future. The...